News

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration ...

Stock market today: Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell's Jackson Hole finale fuels bets on September rate cut

Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in ...

Wall Street closes higher as Powell hints at Fed rate cut

Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled ...

Powell Signals Fed May Cut Rates Soon Even As Inflation Risks Remain

Still, Powell’s remarks suggest the Fed will proceed carefully in the coming months and will make its rate decisions based on ...

Jeremy Siegel: More upside for markets after its reaction to Powell's Jackson Hole speech

Jeremy Siegel, WisdomTree chief economist and Wharton professor emeritus, joins 'Closing Bell' to discuss the emphatic nature ...

Powell's Jackson Hole speech turns Fed's focus toward 'curious' labor market

Fed Chair Jerome Powell outlined the central bank's renewed focus on the labor market in the months ahead, which has big ...

Dow closes up 840 points after Fed Chair Powell signals possible interest rate cut

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance assessed one day earlier, according to CME FedWatch Tool, a measure of market ...

Powell fires up markets, but some investors see reason for caution

NEW YORK (Reuters) -Investors cheered Federal Reserve Chair Jerome Powell's Jackson Hole address, which gave a green light to ...

US stocks rally, with Dow scoring new record, after Fed chief hints at rate cut soon

U.S. stocks soar, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.

Fed chair Powell boosts expectation of US rate cut

Jerome Powell appeared to back a cut to borrowing rates and played down long term inflation risks in his annual speech at ...
Opinion

Here's the $863 billion secret Powell, Trump and Bessent aren't telling us about gold and bitcoin

Federal Reserve Chair Jerome Powell, at left, President Donald Trump and Treasury Secretary Scott Bessent have something to reveal about gold, but they won't - at least not yet. A newly published ...
New Hampshire Public Radio17m

Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply ...